Enforcing contracts: Time in Nicaragua

Nicaragua: Enforcing contracts: Time was 490 days in 2019. ▼ Falling

Latest (2019)
490 days
Change on year
unchanged
World rank
129th
of 188 countries
All-time high
590 days
in 2003
All-time low
409 days
in 2011
Years of data
17
2003–2019

Enforcing contracts: Time in Nicaragua, 2003–2019

02004006002003201120192003: 590 days2004: 540 days2005: 540 days2006: 540 days2007: 540 days2008: 540 days2009: 540 days2010: 540 days2011: 409 days2012: 409 days2013: 519 days2014: 519 days2015: 519 days2016: 490 days2017: 490 days2018: 490 days2019: 490 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for enforcing contracts: time in Nicaragua is 490 days, measured in 2019.

The figure is down 9.3% over ten years.

Over the whole period, enforcing contracts: time in Nicaragua peaked at 590 days in 2003 and was at its lowest, 409 days, in 2011.

Nicaragua ranks 129th of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 547.14 days 540 days 590 days 7
2010s 487.5 days 409 days 540 days 10

Countries ranked near Nicaragua

  1. 126 Germany 499 days compare
  2. 127 Solomon Islands 497 days compare
  3. 128 China 496.25 days compare
  4. 129 Eritrea 490 days compare
  5. 129 Mauritius 490 days compare
  6. 129 Uganda 490 days compare

See the full ranking of 190 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is enforcing contracts: time in Nicaragua?
Enforcing contracts: time in Nicaragua was 490 days in 2019, according to the World Bank.
What is the highest enforcing contracts: time recorded in Nicaragua?
The highest recorded value was 590 days in 2003.
What is the lowest enforcing contracts: time recorded in Nicaragua?
The lowest recorded value was 409 days in 2011.
How does Nicaragua rank for enforcing contracts: time?
Nicaragua ranks 129th out of 188 countries with data for 2019.
Is enforcing contracts: time rising or falling in Nicaragua?
Over the last ten years it is down 9.3%. The long-run trend across the full record is falling.
Where does this Nicaragua data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Time (days). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts: Time (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The time to enforce contracts is recorded in calendar days, counted from the moment plaintiff decides to file the lawsuit in court until payment. The average duration of the following three different stages of dispute resolution is recorded: (i) filing and service, (ii) trial and judgment, and (iii) enforcement.